IRIDEX CORP (IRIX) Forecast, Price Target & Analyst Ratings

NASDAQ:IRIX • US4626841013

Current stock price

0.9999 USD
-0.04 (-3.86%)
At close:
0.98 USD
-0.02 (-1.99%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for IRIDEX CORP (IRIX).

Forecast Snapshot

Consensus Price Target

Price Target
$2.81
+ 180.53% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
-$0.07
Revenue Estimate
12.148M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$2.81
Upside
+ 180.53%
From current price of $1.00 to mean target of $2.81, Based on 7 analyst forecasts
Low
$2.78
Median
$2.81
High
$2.89

Price Target Revisions

1 Month
0.00%
3 Months
50.00%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for IRIX. The average price target is 2.81 USD. This implies a price increase of 180.53% is expected in the next year compared to the current price of 0.9999.
The average price target has been revised upward by 50% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

IRIX Current Analyst RatingIRIX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

IRIX Historical Analyst RatingsIRIX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
IRIX was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about IRIX.
In the previous month the buy percentage consensus was at a similar level.
IRIX was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-05-15StifelMaintains Hold -> Hold
2022-08-26StifelDowngrade Buy -> Hold
2021-05-12Roth CapitalMaintains Buy
2021-03-03Roth CapitalMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
-$0.07
Revenue Estimate
12.148M
Revenue Q2Q
2.08%
EPS Q2Q
28.60%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
6.81%
Revenue (3 Months)
6.81%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

IRIX is expected to report earnings on 5/7/2026. The consensus EPS estimate for the next earnings is -0.07 USD and the consensus revenue estimate is 12.15M USD.
The next earnings revenue estimate has been revised upward by 6.81% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
IRIX revenue by date.IRIX revenue by date.
51.869M
-8.95%		48.669M
-6.17%		52.675M
8.23%		54.292M
3.07%		57.909M
6.66%		61.25M
5.77%
EBITDA
YoY % growth
IRIX ebitda by date.IRIX ebitda by date.
-8.909M
-26.37%		-7.718M
13.37%		N/A
108.97%		1.002M
44.68%		3.183M
217.66%		4.123M
29.53%
EBIT
YoY % growth
IRIX ebit by date.IRIX ebit by date.
-10.007M
-32.72%		-8.302M
17.04%		-2.571M
69.03%		-955.74K
62.83%		1.174M
222.84%		2.288M
94.89%
Operating Margin
IRIX operating margin by date.IRIX operating margin by date.
-19.29%-17.06%-4.88%-1.76%2.03%3.74%
EPS
YoY % growth
IRIX eps by date.IRIX eps by date.
-0.59
-25.53%		-0.54
8.47%		-0.26
51.85%		-0.12
52.92%		0.05
141.67%		0.10
100.00%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		-0.07
28.60%		-0.02
66.00%		-0.03
66.00%		0.01
202.00%
Revenue
Q2Q % growth		12.148M
2.08%		14.413M
6.21%		13.049M
4.56%		14.683M
-0.28%
EBITDA
Q2Q % growth		-478.38K
-583.40%		459K
167.70%		177.48K
117.08%		843.54K
121.12%
EBIT
Q2Q % growth		-1.206M
-488.12%		-268.26K
71.46%		-549.78K
61.04%		116.28K
875.20%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IRIX Yearly Revenue VS EstimatesIRIX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 20M 40M 60M
IRIX Yearly EPS VS EstimatesIRIX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 -0.2 -0.4 -0.6 -0.8 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
33.74%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.45%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
56.20%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

IRIDEX CORP / IRIX Forecast FAQ

What do analysts expect the price target to be for IRIDEX CORP (IRIX)?

7 analysts have analysed IRIX and the average price target is 2.81 USD. This implies a price increase of 180.53% is expected in the next year compared to the current price of 0.9999.

Can you provide the upcoming earnings date for IRIDEX CORP?

IRIDEX CORP (IRIX) will report earnings on 2026-05-07.

Can you provide the consensus estimates for IRIDEX CORP next earnings?

The consensus EPS estimate for the next earnings of IRIDEX CORP (IRIX) is -0.07 USD and the consensus revenue estimate is 12.15M USD.

What is the consensus rating for IRIDEX CORP (IRIX) stock?

The consensus rating for IRIDEX CORP (IRIX) is 82.8571 / 100 . This indicates that analysts generally have a positive outlook on the stock.